US President Donald Trump has hinted at a possible trade war with the European Union after referring to the group as "almost as bad as China, just smaller" in an interview.
In an interview with Bloomberg News, Trump went back on his handshake agreement with president of the European Commission Jean-Claude Juncker.
The two parties met in July and the handshake was intended to spare the EU from Trump's trade war threats after Trump initiated tariffs on steel and aluminium imported from the EU.
However, speaking to Bloomberg, Trump described the EU as "almost as bad as China, just smaller".
He has also rejected demands from the EU to eliminate tariffs on transatlantic auto imports, saying the EU's offer was "not good enough".
Meanwhile, Trump commented he will leave the World Trade Organisation if it does not "shape up", placing further pressure on trade agreements between the US and Europe.
"I would say the WTO is the single worst trade deal ever made," he said.
"If they don't shape up, I would withdraw from the WTO."
The WTO is an intergovernmental organisation which regulates world trade between its 164 member countries, as well as solving trade disputes and negotiating new trade liberalisation.
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